The weekly wrap: Charlesbank, Century Golf, BlackRock

Hearthside
Target Acquirer Value ($millions) Synopsis Shire PLC-Oncology Business Les Laboratoires Servier SAS 2,400.0 Les Laboratoires Servier SAS of France definitively agreed to acquire the oncology business of Shire PLC, a Dublin-based manufacturer and wholesaler of pharmaceutical products, for $2.4 billion in cash. Tropicana Entertainment Inc-Casino Properties(6) Gaming & Leisure Properties Inc 1,210.0 Gaming & Leisure Properties Inc definitively agreed to acquire 6 casinos for a total of $1.21 billion in cash from Tropicana Entertainment Inc, a Las Vegas-based hotel operator ultimately owned by Icahn Enterprises LP. The transaction is a condition to the completion of the acquisition of Tropicana by Eldorado Resorts Inc. Esco Corp Weir Group PLC 1,051.0 Weir Group PLC of the UK definitively agreed merge with Esco Corp, a Portland-based manufacturer and wholesaler of engineered metal parts and replacement products, for about $1.051 billion. The consideration will consist of $620.09 million in cash and the issuance of $430.91 million in newly issued ordinary shares. Textron Inc-Tools & Test Business Emerson Electric Co 810.0 Emerson Electric Co definitively agreed to acquire the tools & test business of Textron Inc, a Providence-based manufacturer of aircraft engines and engine parts, for about $810 million in cash. Connecticut Water Service Inc Eversource Energy 753.2 Eversource Energy plans to acquire the entire share capital of Connecticut Water Service Inc (CWS), a Clinton-based water supply system operator, for $63.5 in cash or common shares per share, or a total $753. 1935 million, via an unsolicited challenging offer. Originally, SJW Corp definitively agreed to merge with CWS for $733.708 million via a stock swap transaction. Tropicana Entertainment Inc Eldorado Resorts Inc 640.0 Eldorado Resorts Inc definitively agreed to acquire the entire share capital of Tropicana Entertainment Inc, a Las Vegas-based hotel operator, from Icahn Enterprises LP, for a total $640 million in cash. The transaction is contingent upon the completion of the acquisition of 6 casino properties of Tropicana by Gaming & Leisure Properties Inc. Concurrently, Eldorado definitively agreed to acquire the Elgin Riverboat Resort-Riverboat Casino, doing business as Grand Victoria Casino. General Assembly Space Inc Adecco Group AG 412.5 Adecco Group AG of Switzerland definitively agreed to acquire General Assembly Space Inc, a New York-based provider of educational support services, for about $412.5 mil. Elgin Riverboat Resort-Riverboat Casino Eldorado Resorts Inc 327.5 Eldorado Resorts Inc definitively agreed to acquire the Elgin Riverboat Resort-Riverboat Casino, doing business as Grand Victoria Casino, for around $327.5 million in cash. Concurrently, Eldorado definitively agreed to acquire the entire share capital of Tropicana Entertainment Inc. nVision Medical Corp Boston Scientific Corp 275.0 Boston Scientific Corp acquired nVision Medical Corp, a San Bruno-based manufacturer of medical instruments, for $275 million. The consideration consisted of $150 million in cash and up to $125 million in profit-related payments. Phipps Tower,Atlanta,Georgia Manulife US Real Estate Investment Trust 205.0 Singapore’s Manulife US Real Estate Investment Trust agreed to acquire the Phipps Tower in Atlanta for about $205 million from John Hancock Life Insurance Co, owned by John Hancock Financial Services Inc. Concurrently, Manulife agreed to acquire 1750 Pennsylvania Ave NW in Washington DC. 1750 Pennsylvania Avenue NW,Washington,DC Manulife US Real Estate Investment Trust 182.0 Singapore’s Manulife US Real Estate Investment Trust agreed to acquire a 13-storey, 277,000 sq ft office building at 1750 Pennsylvania Avenue in Washington DC for about $182 million from John Hancock Life Insurance Co, owned by John Hancock Financial Services Inc. Concurrently, Manulife agreed to acquire the Phipps Tower in Atlanta, Georgia. Icon Capital Corp BancorpSouth Inc 145.8 BancorpSouth Inc definitively agreed to merge with Icon Capital Corp, a New York-based provider of financial investment services, for $145.788 million via a stock swap transaction. The consideration will consist of $17.5 million in cash and the issuance of 4.125 million in common shares valued at $128.288 million. The shares were valued based on BSX’s closing stock price of $31.10 on 17 April 2018, the last full trading day prior to the announcement. Signature Funeral & Cemetery Investments LLC Park Lawn Corp 136.4 Park Lawn Corp of Canada definitively agreed to acquire Signature Funeral & Cemetery Investments LLC, a Houston-based intermediator. Concurrently, Park Lawn of Canada definitively agreed to acquire Citadel Management LLC. Both transactions are expected to have a combined value of about $136.4 million. Regional Wastewater System,Alton,IL Illinois American Water Co 53.8 Illinois American Water Co, a unit of American Water Works Co Inc, agreed to acquire Regional Wastewater System, an Alton-based water supply system operator, for $53.8 mil. University Village,Greensboro,North Carolina Vesper Holdings LLC 40.0 Vesper Holdings LLC acquired University Village, a student housing near the University of North Carolina at Greensboro, for $40 mil. The Eilan Hotel & Spa,San Antonio Bluegreen Vacations Corp 34.3 Bluegreen Vacations Corp, a unit of BBX Capital Corp, acquired The Eilan Hotel & Spa in San Antonio for $34.3 mil. Hyundai Heavy Industries Co Ltd-Transformer Plant,AL Hyundai Electronic & Energy System Co Ltd 28.9 Hyundai Electronic & Energy System Co Ltd of South Korea acquired the transformer plant of Hyundai Heavy Industries Co Ltd, an Ulsan-based provider of ship building and repairing services, for $28.86 mil. Abode Systems Inc Nice SpA 18.8 Nice SpA of Italy agreed to acquire a 75% stake in Abode Systems Inc, a Palo Alto-based provider of smart home security platform services, for $18.75 mil. California Gold Inc High Hampton Holdings Corp 6.4 High Hampton Holdings Corp of Canada signed a letter of intent to acquire the entire share capital of California Gold Inc, a manufacturer of chocolate and confectionery, for $6.386 million via a stock swap transaction. Hampton offered 7.2 million common shares. The shares were valued based on Hampton’s closing stock price of $0.887 on 18 April 2018, the last full trading day prior to the announcement. Nazareth Living Care Center Mozart Healthcare LLC 6.3 Mozart Healthcare LLC acquired the Nazareth Living Care Center, a nursing home in El Paso, from Nazareth Hall for $6.3 million. Kash Solutions Ltd 10Pearls 10Pearls acquired Kash Solutions Ltd, a Vienna-based provider of marketing consulting services. Lanlogic Inc Addressable Networks Inc Addressable Networks Inc acquired Lanlogic Inc, a Livermore-based provider of computer systems design services. Dranoff Properties Inc-Apartment Communities Portfolio,Philadelphia(6) Apartment Investment & Management Co Apartment Investment & Management Co plans to acquire a portfolio of 6 apartments from Dranoff Properties Inc, a Philadelphia-based provider of land subdivision services. Conti Solar LLC Ares EIF Management LLC Ares Management LLC’s unit Ares EIF Management LLC plans to acquire an undisclosed majority interest in Conti Solar LLC, an Edison-based alternative energy sources establishment, from The Conti Group via a leveraged buyout transaction. Cadaret Grant & Co Inc Atria Wealth Solutions Inc Atria Wealth Solutions Inc, a unit of Lee Equity Partners LLC, plans to acquire Cadaret Grant & Co Inc, a Syracuse-based investment bank. Slattery GA BenefitMall INC BenefitMall INC, a unit of The Carlyle Group LP, acquired Slattery GA, a Holmdel-based insurance agency. Tennenbaum Capital Partners LLC BlackRock Inc BlackRock Inc definitively agreed to acquire Tennenbaum Capital Partners LLC, a Santa Monica-based financial sponsor. Center for Autism & Related Disorders Inc Blackstone Group LP Blackstone Group LP agreed to acquire Center for Autism & Related Disorders Inc, a Woodland Hills-based mental health firm, via a leveraged buyout transaction. FareHarbor Holdings Inc Booking Holdings Inc Booking Holdings Inc agreed to acquire FareHarbor Holdings Inc, a Denver-based provider of transportation support services. Anasys Instruments Corp Bruker Corp Bruker Corp acquired Anasys Instruments Corp, a Santa Barbara-based manufacturer of analytical laboratory instruments. Printabilities Llc Calise Partners Inc Calise Partners Inc acquired Printabilities Llc, a Dallas-based provider of commercial gravure printing services. Floraca Farms Inc CannaRoyalty Corp CannaRoyalty Corp of Canada plans to acquire Floraca Farms Inc, a noncitrus fruit farm. Car 360 Inc Carvana Co Carvana Co acquired Car 360 Inc, an Atlanta-based software publisher, from BIP Capital and other investors. Progressus Media LLC CDK Global Inc CDK Global Inc acquired Progressus Media LLC, a Chicago-based provider of advertising related services. Tour Gcx Partners Inc Century Golf Partners Century Golf Partners plans to acquire Tour Gcx Partners Inc, a New York-based provider of recreation services. Kentucky Federal Savings & Loan Association Cincinnati Federal Cincinnati Federal, a unit of Cincinnati Bancorp, definitively agreed to merge with Kentucky Federal Savings & Loan Association, a Covington-based mutual savings institution. Philmont Country Club ClubCorp Inc ClubCorp Inc, a unit of ClubCorp Holdings Inc, is rumored to be planning to acquire the Philmont Country Club, a golf course in Huntingdon Valley. Earn USA Inc Coinbase Inc Coinbase Inc acquired Earn USA Inc, a San Francisco-based provider of financial transactions services. Crowdhere Inc Digital Remedy Digital Remedy acquired Crowdhere Inc, a Yardley-based provider of cultural services. Integrated Wellness Solutions LLC Dynamic Health Strategies LLC Dynamic Health Strategies LLC acquired Integrated Wellness Solutions LLC, a Bellbrook-based provider of ambulatory health care services. Go Green Global Enterprises Inc Endexx Corp Endexx Corp signed a letter of intent to acquire Go Green Global Enterprises Inc, a Cedar City-based provider of marketing consulting services. Anderson Manufacturing Co Inc Ferriere Di Stabio Sa Ferriere Di Stabio Sa of Swaziland acquired Anderson Manufacturing Co Inc, a Bristol-based manufacturer of fasteners, from Big Shoulders Capital LLC. Community Health Systems Inc-Munroe Regional Medical Center Florida Hospital Ocala Inc Florida Hospital Ocala Inc, a unit of Adventist Health System Sunbelt Healthcare Corp, definitively agreed to acquire Munroe Regional Medical Center of Community Health Systems Inc, a Franklin-based owner and operator of general acute care hospitals. Leviathan Analytics Frontier Data Corp Frontier Data Corp, a unit of Granahan McCourt Capital LLC, acquired the entire share capital of Leviathan Analytics, a provider of data processing and hosting services. Integrated Compliance Solutions LLC Goldbelt Empires Ltd Goldbelt Empires Ltd of Hong Kong signed letter of intent to acquire the entire share capital of Integrated Compliance Solutions LLC, a Las Vegas-based provider of financial services, via a reverse takeover transaction. Clarity Money Inc Goldman Sachs Bank USA Goldman Sachs Bank USA, a unit of Goldman Sachs Group Inc, acquired Clarity Money Inc, a New York-based software publisher. Superior Growers Supply Inc GrowGeneration Corp GrowGeneration Corp acquired Superior Growers Supply Inc, a Lansing-based nursery and garden products retailer. Hearthside Food Solutions LLC Hearthside Food Solutions LLC SPV Hearthside Food Solutions LLC SPV, a special purpose acquisition vehicle formed by Charlesbank Capital Partners LLC and Partners Group AG, agreed to acquire Hearthside Food Solutions LLC, a Downers Grove-based manufacturer of cookies and crackers, from Vestar Capital Partners Inc and Goldman Sachs Group Inc via a leveraged buyout transaction. Originally, in January 2018, Vestar and Goldman were rumored to be seeking a buyer for Hearthside. Salient Private Client LLC HighTower Advisors LLC HighTower Advisors LLC, a unit of JM Egan Wealth Advisors LLC, definitively agreed to acquire Salient Private Client LLC, a Houston-based portfolio manager, from Salient Partners LP, owned by Sanders Morris Harris Group Inc. Coldwell Banker Trails & Paths HomeSmart International LLC HomeSmart International LLC acquired Coldwell Banker Trails & Paths, a Mesa-based residential property manager. Wongdoody Inc Infosys Ltd Infosys Ltd of India definitively agreed to acquire Wongdoody Inc, a Seattle-based advertising agency. digiMine Inc-Certain Cryptocurrency Assets Integrated Ventures Inc Integrated Ventures Inc agreed to acquire certain cryptocurrency assets of digiMine Inc, a Bellevue-based software reproducer. Creative Plastic Concepts Investor Group An investor group acquired the remaining stake it did not already own in Creative Plastic Concepts, a Sycamore-based wholesaler of industrial supplies. Concurrently, the investor group also acquired Centrex Plastics LLC. Centrex Plastics LLC Investor Group An investor group, comprising American Plastics LLC, Highview Capital LLC and Victory Park Capital Advisors LLC acquired Centrex Plastics LLC, a Findlay-based manufacturer of plastics products. Lifescript Inc-Certain Assets j2 Global Inc j2 Global Inc acquired certain assets of Lifescript Inc, a Newport Beach-based firm that publishes online content and operates a website for women’s health. Everyday Health Inc j2 Global Inc j2 Global Inc acquired Everyday Health Inc, a New York-based provider of business support services, from Ziff Davis LLC, ultimately owned by j2 Global Inc. Concurrently acquirer also acquired Cloud Services Security (USA). Cloud Services Security j2 Global Inc j2 Global Inc acquired Cloud Services Security, a Daleville-based provider of data processing and hosting services. Concurrently, j2 Global also acquired Everyday Health Inc. Margaritaville Hollywood Beach Resort KSL Capital Partners LLC KSL Capital Partners LLC acquired Margaritaville Hollywood Beach Resort, a Hollywood-based resort operator, via a leveraged buyout transaction. Owen Blicksilver Public Relations Inc Lambert Edwards & Associates Lambert Edwards & Associates acquired Owen Blicksilver Public Relations Inc, a New York City-based public relations agency. Retrofit Inc Livongo Health Inc Livongo Health Inc acquired Retrofit Inc, a Chicago-based software publisher. Ketra Inc Lutron Electronics Co Ltd Lutron Electronics Co Ltd acquired Ketra Inc, an Austin-based manufacturer of residential and commercial electric lighting fixtures. Remote DBA Experts LLC Madison Dearborn Partners LLC Madison Dearborn Partners LLC acquired Remote DBA Experts LLC, a Pittsburgh-based provider of data processing and hosting services, via a leveraged buyout transaction. Green Oil LLC Mahoney Environmental Inc Mahoney Environmental Inc acquired Green Oil LLC, a Phoenix-based producer of crude petroleum and natural gas. The Dickson Co May River Capital LLC May River Capital LLC acquired The Dickson Co, an Addison-based manufacturer of measuring, displaying and controlling variables instruments and related products, via a leveraged buyout transaction. Banyan Street Capital MHP Real Estate Services LLC MHP Real Estate Services LLC merged with Banyan Street Capital, a Miami-based lessor of real estate property. VizExplorer Morgan Stanley Expansion Capital LP Morgan Stanley Expansion Capital LP, a unit of Morgan Stanley Investment Management Inc, acquired an undisclosed majority interest in VizExplorer, a San Diego-based software publisher, via a leveraged buyout transaction from Endeavor. Bluewave Nayamode Inc Nayamode Inc acquired Bluewave, a Gainesville-based manufacturer of medical instruments. Torrey Pines Services LLC Northstar Life Services Llc Northstar Life Services Llc acquired Torrey Pines Services LLC, a La Jolla-based provider of professional services. Great Feats LLC OneCause Inc OneCause Inc, jointly owned by Vesdia Corp and Schoolpop Inc, acquired Great Feats LLC, an Austin-based provider of grantmaking and giving services. Citadel Management LLC Park Lawn Corp Park Lawn Corp of Canada definitively agreed to acquire Citadel Management LLC, a financial vehicle. Concurrently, Park Lawn definitively agreed to acquire Signature Funeral & Cemetery Investments LLC. Both transactions are expected to have a combined value of about $136.4 mil. Maui Roofing Inc Petersendean Inc Petersendean Inc plans to acquire Maui Roofing Inc, a roofing contractor. Grand Materials & Supply Inc Pioneer Sand Co Inc Pioneer Sand Co Inc, a unit of JLL Partners Inc, acquired Grand Materials & Supply Inc, a Surprise-based provider of landscaping services. Pier 2620 Hotel Platform Ventures LLC Platform Ventures LLC acquired the Pier 2620 Hotel Fisherman’s Wharf in San Francisco. PeopleAdmin Inc PowerSchool Group LLC PowerSchool Group LLC plans to acquire PeopleAdmin Inc, an Austin-based software publisher, from Vista Equity Partners LLC. Concurrently, Onex plans to acquire a stake in PowerSchool Group LLC. First Bank of Charleston Inc Premier Financial Bancorp Inc, Huntington,West Virginia Premier Financial Bancorp Inc plans to acquire First Bank of Charleston Inc, a Charleston-based commercial bank. Sources expect the deal to be valued at around $33 mil. HumanZyme Inc Proteintech Group Inc Proteintech Group Inc agreed to acquire HumanZyme Inc, a Chicago-based manufacturer of biological products. Own The Moment-(2) Pure Hockey LLC Pure Hockey LLC acquired 2 of Own The Moment, a Toronto-based manufacturer of sporting and athletic goods owned by Nike Bauer Hockey USA Inc. A & W Oil & Tire Co Inc RelaDyne LLC RelaDyne LLC, a unit of Audax Group LP, acquired A & W Oil & Tire Co Inc, a Waynesboro-based wholesaler of petroleum and petroleum products. Pupco Brands Inc Resolute Oncology Inc Resolute Oncology Inc acquired Pupco Brands Inc, a Dallas-based manufacturer of cat and dog food. Safcon Safety Controls Inc RigNet Inc RigNet Inc acquired Safcon Safety Controls Inc, a Lafayette-based provider of security systems services. Concurrently, RigNet acquired Automation Communications Engineering Corp. Automation Communications Engineering Corp RigNet Inc RigNet Inc acquired Automation Communications Engineering Corp, a Lafayette-based commercial building constructor. Concurrently, RigNet acquired Safcon Safety Controls Inc. Littlethings Inc Rockyou Media Inc Rockyou Media Inc acquired Littlethings Inc, a New York City-based provider of computer systems design services. Leea Customs Inc RPI Designs LLC RPI Designs LLC acquired Leea Customs Inc, a Salem-based manufacturer of motor vehicle parts. Malone Finkle Eckhardt & Collins Inc RTM Engineering Consultants LLC RTM Engineering Consultants LLC acquired the entire share capital of Malone Finkle Eckhardt & Collins Inc, a Springfield-based provider of engineering services. United Solutions Group Inc Safety NetAccess Inc Safety NetAccess Inc acquired United Solutions Group Inc, a Stockbridge-based wholesaler of durable goods. Inpixon USA Shareholders Inpixon plans to spin off its Inpixon USA unit, a provider of data processing and hosting services, to its shareholders. Upon completion of the deal, Inspixon USA will be an independent publicly traded company known as Sysorex Inc. Bluepoint Leadership Development Inc Simplify Compliance Simplify Compliance acquired Bluepoint Leadership Development Inc, a Milford-based provider of professional and management development training services. Phoenician Engineering LLC SinglePoint Inc SinglePoint Inc signed a letter of intent to acquire Phoenician Engineering LLC, a Mesa-based manufacturer of medical instruments. Terrazzo & Stone Supply Co SiteOne Landscape Supply Inc SiteOne Landscape Supply Inc acquired Terrazzo & Stone Supply Co, a Bellevue-based manufacturer of stone products. Digitaltoprint Inc-Assets Solution Dynamics Ltd Solution Dynamics Ltd of New Zealand plans to acquire assets of Digitaltoprint Inc, a New York City-based software reproducer. Petr-All Petroleum Consulting Corp-Stores(78) Speedway LLC Speedway LLC, a unit of Marathon Petroleum Corp, agreed to acquire 78 stores of Petr-All Petroleum Consulting Corp, a Syracuse-based operator of gasoline stations with convenience stores. Food Facts Inc Spins LLC Spins LLC acquired Food Facts Inc, an Edison-based operator of an internet portal that provides consumer insights, analytics, and consulting for natural, organic, and specialty food products. BlockForge Inc Stella Blu Inc Stella Blu Inc agreed to acquire the entire share capital of BlockForge Inc, a software publisher. Pontiac Coil Inc Sumida Corp Sumida Corp of Japan plans to acquire the entire share capital of Pontiac Coil Inc, a Clarkston-based manufacturer of electronic coils, transformers and other inductors. Solarworld Americas Inc SunPower Corp SunPower Corp, a unit of Total SA, acquired SolarWorld Americas Inc, a Hillsboro-based manufacturer of semiconductors and related device. Sunlight Supply Inc The Scotts Miracle-Gro Co The Scotts Miracle-Gro Co definitively agreed to acquire SUNLIGHT SUPPLY INC, a Vancouver-based electrical contractor. Triplefin LLC Triplefin LLC SPV Triplefin LLC SPV, jointly owned by JLL Partners Inc and Water Street Healthcare Partners LLC, agreed to acquire Triplefin LLC, a Cincinnati-based provider of business support services, via a leveraged buyout transaction from HD Smith Wholesale Drug Co Inc, ultimately owned by AmerisourceBergen Corp. Socrata Inc Tyler Technologies Inc Tyler Technologies Inc definitively agreed to acquire Socrata Inc, a Seattle-based provider of custom computer programming services. Peoples Bank,Lithonia,Georgia United Security Bancshares Inc,Thomasville,Alabama United Security Bancshares Inc definitively agreed to acquire the entire share capital of Peoples Bank, a Lithonia-based commercial bank. Asset Performance Technologies Inc Uptake Technologies Inc Uptake Technologies Inc acquired Asset Performance Technologies Inc, an Albuquerque-based software publisher. B&B Tritech Inc Vantage Specialty Chemicals Vantage Specialty Chemicals, a unit of HIG Capital LLC, acquired B&B Tritech Inc, a Hialeah-based manufacturer of chemical products. Wasco Products Inc Velux America LLC Velux America LLC, a unit of Velux Gruppen (V Kann RasmussenAS), acquired Wasco Products Inc, a Wells-based manufacturer of metal windows and doors. Moment Design Inc Verizon Communications Inc Verizon Communications Inc acquired Moment Design Inc, a New York City-based provider of design services. LogicMonitor Inc Vista Equity Partners LLC Vista Equity Partners LLC definitively agreed to acquire an undisclosed majority interest in LogicMonitor Inc, a Santa Barbara-based software publisher, via a leveraged buyout transaction. Wrappup Inc Voicera Voicera acquired Wrappup Inc, a Bethesda-based software reproducer. Navistar International Corp Volkswagen Truck & Bus GmbH Volkswagen Truck & Bus GmbH of Germany, a unit of Volkswagen AG, plans to acquire the entire share capital of Navistar International Corp, a Lisle-based car manufacturer. Capital Creek at Heritage,Wake Forest,North Carolina Waypoint Residential LLC Waypoint Residential LLC acquired Capital Creek at Heritage, a Wake Forest-based owner and operator of an apartment community. Boardwalktech Inc Wood Composite Technologies Inc Wood Composite Technologies Inc of Canada definitively agreed to merge with Boardwalktech Inc, a Cupertino-based software publisher. Premier Filling Co Inc WPC Brands Inc WPC Brands Inc acquired Premier Filling Co Inc, a Geneva-based provider of packaging and labeling services. Anchorock Solutions Zef Malik Zef Malik acquired Anchorock Solutions, a Fremont-based software publisher. US M&A Deals Announced April 13 to April 19, 2018 Source: Thomson Reuters

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